Core Insights - Meta Platforms plans to release its first smartwatch, the "Malibu 2," later this year, featuring health tracking and a built-in Meta AI assistant [1] - The smartwatch project was previously shelved in 2022 due to spending cuts in the Reality Labs unit, but has been revived amid a growing interest in AI-driven wearables [1] - The company is also developing augmented reality and mixed-reality glasses, with shipments of AI smartglasses reaching nearly 6 million units last year [1] Company Developments - The "Malibu 2" smartwatch is set for release in 2026, marking a significant comeback for Meta in the wearables market [1] - Meta had previously explored smartwatch options five years ago, including versions with three cameras, but paused the project in 2022 [1] - The company is reassessing timelines for its augmented reality glasses to avoid customer confusion from launching multiple devices too quickly [1] Industry Trends - The revival of Meta's smartwatch project aligns with a broader trend of increasing demand for AI-integrated health and fitness gadgets [1] - AI smartglasses, powered by Meta's technology, have seen significant market growth, indicating a strong consumer interest in wearable technology [1] - The company has about four augmented reality and mixed-reality glasses in development, reflecting ongoing innovation in the wearables sector [1]